Year in review

Annual Report 2018

For the second year in a row, Danfoss has seen strong growth and increased investments in the future.

Watch President & CEO Kim Fausing talk about Danfoss’ robust results for 2018.

In 2018, Danfoss delivered strong growth of 7% in local currency. The growth was strong in the major markets of North America, Europe and China and led to robust financial results. The momentum was broadly based across Danfoss, and Danfoss Power Solutions, in particular, delivered a very strong year. During the year, Danfoss announced six acquisitions, which will contribute to strengthening the company’s core businesses, digital offerings and solutions for electrification.

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Supplementary reports 2018:

“Sustainability is important for our people, our planet and our financial performance. In Danfoss, we play a significant role in promoting energy efficiency and enabling electrification in the transition towards a world with lower carbon emissions. Our products and solutions help the world to grow in a sustainable way, and we take our own medicine optimizing our own production and services. It is not just good business – its common sense,” says Kim Fausing, President and CEO.